Report
Alisa Zakirova ...
  • Nikolay Minko
  • Yuri Popov

Russia FX/Rates Snapshot - October 9, 2020

The yuan gained 0.5% this morning as Chinese markets returned from a holiday. This lent support to the entire EM space, including the ruble, which is headed toward 77 and may well hit this mark at some point today. However, we would not expect it to get much further, as the coronavirus situation in Europe is deteriorating, with rising case numbers in some of its biggest economies, which has led to talk of tightening quarantine measures. This could encourage investors to start trimming their positions in risk assets before the weekend.
Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Alisa Zakirova

Nikolay Minko

Yuri Popov

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